Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$1.17B |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$831M |
| 3 |
Booking.com
BKNG
|
+$366M |
| 4 |
YHOO
Yahoo Inc
YHOO
|
+$330M |
| 5 |
McDonald's
MCD
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Weyerhaeuser
WY
|
+$752M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$681M |
| 3 |
PARA
Paramount Global Class B
PARA
|
+$491M |
| 4 |
Apple
AAPL
|
+$412M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$345M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.18% |
| 2 | Consumer Discretionary | 1.93% |
| 3 | Financials | 1.71% |
| 4 | Energy | 1.54% |
| 5 | Healthcare | 1.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
PUT
IBM
IBM
$220B
| $471M | 0.18% |
2,593,557
-492,561
| -16% | -$89.7M |
|
77
PUT
iShares US Real Estate ETF
IYR
$4.63B
| $467M | 0.18% |
6,743,800
+2,540,100
| +60% | +$184M |
|
|
GMCR
78
PUT
DELISTED
KEURIG GREEN MTN INC
GMCR
| $464M | 0.18% |
3,565,400
-571,100
| -14% | -$71.4M |
|
79
PUT
Biogen
BIIB
$30.5B
| $457M | 0.18% |
1,381,700
+250,300
| +22% | +$82.5M |
|
80
PUT
GoPro
GPRO
$126M
| $453M | 0.17% |
+4,833,700
| New | +$247M |
|
81
PUT
Intuitive Surgical
ISRG
$132B
| $453M | 0.17% |
8,822,700
+1,010,700
| +13% | +$50.2M |
|
82
PUT
State Street Energy Select Sector SPDR ETF
XLE
$38.1B
| $446M | 0.17% |
9,854,000
+2,435,800
| +33% | +$118M |
|
|
LNKD
83
PUT
DELISTED
LinkedIn Corporation
LNKD
| $446M | 0.17% |
2,144,500
+387,000
| +22% | +$77.3M |
|
|
VXX
84
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $444M | 0.17% |
889,200
+290,694
| +49% | +$134M |
|
85
PUT
Chevron
CVX
$371B
| $442M | 0.17% |
3,707,800
+2,352,800
| +174% | +$300M |
|
86
PUT
Ford
F
$55B
| $435M | 0.17% |
29,441,800
+11,391,200
| +63% | +$195M |
|
87
PUT
GE Aerospace
GE
$389B
| $432M | 0.17% |
3,518,481
+184,916
| +6% | +$23M |
|
88
CALL
SLB Ltd
SLB
$76.5B
| $431M | 0.17% |
4,233,900
+1,985,600
| +88% | +$216M |
|
|
APC
89
CALL
DELISTED
Anadarko Petroleum
APC
| $429M | 0.17% |
4,225,500
+1,517,500
| +56% | +$164M |
|
90
CALL
iShares MSCI EAFE ETF
EFA
$79.4B
| $426M | 0.16% |
6,636,200
+1,449,600
| +28% | +$96.7M |
|
|
LNKD
91
CALL
DELISTED
LinkedIn Corporation
LNKD
| $418M | 0.16% |
2,011,600
+560,200
| +39% | +$112M |
|
92
CALL
CF Industries
CF
$17.7B
| $415M | 0.16% |
7,434,500
+5,092,500
| +217% | +$258M |
|
93
General Motors
GM
$76.3B
| $404M | 0.16% |
12,635,847
+595,216
| +5% | +$20.7M |
|
|
AGN
94
PUT
DELISTED
Allergan plc
AGN
| $402M | 0.15% |
1,666,000
+874,700
| +111% | +$196M |
|
95
CALL
iShares China Large-Cap ETF
FXI
$4.29B
| $400M | 0.15% |
10,459,100
+915,200
| +10% | +$36.7M |
|
96
CALL
Bank of America
BAC
$441B
| $397M | 0.15% |
23,283,600
+7,974,200
| +52% | +$127M |
|
97
PUT
Caterpillar
CAT
$394B
| $390M | 0.15% |
3,937,700
+1,660,600
| +73% | +$176M |
|
98
VanEck Gold Miners ETF
GDX
$25.6B
| $387M | 0.15% |
18,110,126
+4,540,045
| +33% | +$116M |
|
99
CALL
eBay
EBAY
$48.9B
| $379M | 0.15% |
15,917,299
+5,662,008
| +55% | +$126M |
|
100
CALL
Johnson & Johnson
JNJ
$619B
| $378M | 0.15% |
3,550,000
+899,200
| +34% | +$93.3M |
|
Similar funds
Susquehanna International Group's Q3 2014 Portfolio in Review
As of Q3 2014, Susquehanna International Group held 10,694 positions worth $260B, up 12% from $232B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $28.7B of net new capital in Q3 2014, opening 983 new positions and adding to 4,297 existing holdings. Its largest new stake was Tri Pointe Homes: 13,184,257 shares worth $171M.
By sector, the portfolio is most concentrated in Technology at 2.2% of assets, down from 2.5% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Weyerhaeuser, an estimated $752M trimmed.
- Susquehanna International Group's largest Q3 2014 buy was Tri Pointe Homes: 13,184,257 shares worth $171M.
- Susquehanna International Group added most to iShares Russell 2000 ETF in Q3 2014, an estimated $1.17B increase.
- Susquehanna International Group's biggest Q3 2014 reduction was Weyerhaeuser, cutting an estimated $752M.
- Susquehanna International Group fully exited Capital One Financial Corp in Q3 2014, selling an estimated $85.6M.
- Susquehanna International Group's ten largest holdings make up 24% of its $260B portfolio in Q3 2014.
- Susquehanna International Group opened 983 new positions and closed 1,332 in Q3 2014.
- Susquehanna International Group's portfolio value rose 12% quarter-over-quarter to $260B.
Based on Susquehanna International Group's 13F filing for Q3 2014, filed 17 Nov 2014.